Filing Details
- Accession Number:
- 0001186885-10-000001
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-03-16 13:00:00
- Reporting Period:
- 2010-03-12
- Filing Date:
- 2010-03-16
- Accepted Time:
- 2010-03-16 17:10:08
- SEC Url:
- Form 4 Filing
Issuer
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1186885 | E Donald Hess | Southwood Partners 505 N. 20Th Street, Suite 1015 Birmingham AL 35203 | Yes | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2010-03-12 | 100,000 | $8.18 | 0 | No | 4 | S | Indirect | Hess Investment Liquid Asset Fund LP |
| Common Stock | Disposition | 2010-03-12 | 10,000 | $8.18 | 0 | No | 4 | S | Indirect | Jasper Fund Partnership |
| Common Stock | Acquisiton | 2010-03-15 | 5,164 | $6.14 | 140,637 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2010-03-15 | 2,582 | $6.58 | 143,219 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2010-03-15 | 4,304 | $5.42 | 147,523 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2010-03-15 | 12,050 | $8.34 | 135,473 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Indirect | Hess Investment Liquid Asset Fund LP |
| No | 4 | S | Indirect | Jasper Fund Partnership |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option Right to Buy | Disposition | 2010-03-15 | 5,164 | $0.00 | 5,164 | $6.14 |
| Common Stock | Employee Stock Option Right to Buy | Disposition | 2010-03-15 | 2,582 | $0.00 | 2,582 | $6.58 |
| Common Stock | Employee Stock Option Right to Buy | Disposition | 2010-03-15 | 4,304 | $0.00 | 4,304 | $5.42 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2010-06-21 | No | 4 | M | Direct | |
| 2,582 | 2011-06-13 | No | 4 | M | Direct | |
| 4,305 | 2013-06-11 | No | 4 | M | Direct |
Footnotes
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.16 to $8.19, inclusive. The reporting person undertakes to provide to Saks Incorporated, any security holder of Saks Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
- Option vested as follows: 20% on 12/21/2000; 20% on 6/21/2001; 20% on 6/21/2002; 20% on 6/21/2003; and 20% on 6/21/2004.
- Option vested as follows: 20% on 12/13/2001; 20% on 6/13/2002; 20% on 6/13/2003; 20% on 6/13/2004; and 20% on 6/13/2005.
- Option vested as follows: 20% on 12/11/2003; 20% on 6/11/2004; 20% on 6/11/2005; 20% on 6/11/2006; and 20% on 6/11/2007.
Billionaire Hedge Funds
